Chapter 15 Financial Work Report

Although it is said that Tian Fu is no longer the first in the income of the imperial court, in terms of political status, Tian Fu is placed in the first place, and no one has an opinion.

In addition to the field endowment, it is the commercial tax.

He Xi has put a lot of effort into commercial tax, and in general, commercial tax includes corporate business tax, special business tax, customs tariff and so on.

The company business tax is paid by every registered company. Take one out of fifteen. 6.6 percent.

However, there is something different today when the city of Beijing was first built. There are many people, and almost every company or trading company can check the accounts carefully, so there are not many people who evade taxes below. This is no longer the case.

Although there are now more than 300 legislators, there are already 10,000 or 20,000 trading companies in the Ming Dynasty. And that's not even counting the many small businesses that have just one storefront. The city tax paid by these merchants is a fixed monthly tax depending on the size of your store and the type of business. This tax is collected by Suncheon.

It is not reflected in the central government's financial report. But there are also quite a few of them.

The special business tax is actually the consumption tax.

Salt, cloth, ironware, livestock, boats, looms, grain, horses, coal, etc. Anyway, there are such taxes on products that can constitute bulk commodities, and each type is taxed separately, which is different. The most typical is grain.

Now the grain court is monopolized, even if it is a monopoly, it is actually impossible to stop other small grain merchants. Even in order to maintain food prices, He Xi has already activated subsidies. That is, a negative tax rate.

Sell at this price, and the court will post money. Of course, this is also why the imperial court is willing to monopolize and kill all the big grain merchants, because such a thing as cheating subsidies is not new now. Ancient times naturally there will be.

The places that can be covered by the imperial court are all operated by the imperial court, and only the places that cannot be covered by the imperial court are subsidized. There are not many of them.

These taxes are added almost directly to the price. This is also the reason why Beijing and Liaodong can be proud of the world's taxation. The things produced by these factories and mines had to pay taxes so that the Beijing imperial court could get a share of the developed commodity economy.

But in general, each tax is not much. The most is only war horses, at ten percent. After all, war horses are strategic resources. To be controlled, if the imperial court buys a horse, it is naturally tax-free. But when others buy it, they have to pay taxes.

That is, the imperial court has a more advantage in price.

Therefore, many people hope that the horse tax can be higher, such as 100%.

It's just that although there are not many horses in Beijing, there is no shortage of horses to this extent.

Needless to say, customs tariffs.

The only thing that can be said is Tianjin, Yingkou, and Lushun, these three ports are known to everyone. And Pyongyang, Ganghwa Island, Busan, Nagasaki. These four customs offices are newly opened, and the taxes paid are not very large today, but the future of Nagasaki's taxes is quite considerable.

Without him, all merchants in Japan must go to Nagasaki to enter the designated place of goods, as long as they do not want to mix, before they can be transferred to other parts of Japan for sale.

Naturally, there will be tax evasion. But even so, tariffs in Nagasaki, a large Japanese market, are expected in the future.

In short, these commercial taxes totaled about 10 million yuan. In fact, there are some commercial taxes collected by local governments, such as the door tax, that is, the municipal tax, which is levied by the local government.

After all, local governments also need to be funded.

This is not counted in the imperial court funds.

Secondly, there is another big head.

That is the operation of state-owned enterprises.

Banks, iron works, horse mills, shipyards, machinery factories, railways, etc., a series of industries, contributed a total of 6 million yuan to the Ming court. Don't underestimate this number. You must know that many intangible wealth is not counted at all. For example, the supply of artillery and guns for the big army, etc., is just recorded in the accounts and written off every year.

If you also count the number of write-offs, more than 10 million taels is appropriate. And it's the cost price.

If it is sold to the outside world, the price of weapons and equipment equipped with a large army will not increase several times

Questionable.

The total income is about 20 million yuan.

But the income is more. There are also many expenses.

Among them military spending. 600,000 soldiers, an average annual salary, 20 yuan. The total expenditure was $12 million. This is only the cost of personnel, the cost of equipment can be hidden, but the other expenses cannot. Therefore, military spending is 15 million yuan per year.

And that's still without going to war.

Why is that? After the battle between the rivers, the family funds that had survived from Hongwu for 25 years were immediately emptied.

The royal family spent one million taels.

This is not much for Zhu Xiongying. The maintenance of the palace, some of his private expenses, and even his personal rewards to the ministers and the army, and some ceremonial expenses, were all in it.

This money is absolutely unsaved.

The rest is government spending. Four million taels, seems like a lot. But not much, actually.

Since He Xi's reform, the Beijing imperial court has been adding people. There are dozens of ministries in the cabinet and the Privy Council. Moreover, the work of each department is more than that of the Nanjing Sixth Department.

Personnel costs are added to other costs.

Four million taels, which seems like a lot, is actually barely enough.

And that's not even talking about the most important expense, which is the cost of war.

Where exactly was the war money spent? It's hard to explain. But one thing is very clear, the money is spent. Generally speaking, since the war began last year, the war cost has been about 40 million yuan. That is, the total amount of government bonds sold this time.

This is purely the cost of war, not the military. That is, the cost of raising soldiers.

The castle built on the southern front, the attrition of the war, the post-war pension. The pacification of the affected people, the cost of conscripting people into the army, and so on. The mess of money is all in it.

Even He Xi suspected that someone was picking wool here. However, in times of war, being able to fight a war is the last word, and this account should be coarse rather than detailed. That's pretty much it. You can't always check the accounts while fighting, and you must be exactly the same.

That is to say, even if you don't count the war taxes, it is already very difficult for Beijing to pay taxes to raise so many troops, you must know that there are still many troops in the army sequence of the guards, these people let the guards raise themselves, but when they are used, they have to give monthly money.

It's also an expense.

In short, once there is a war it is a deficit, a very large deficit.

There is even something that the report doesn't say, and that's money printing. This kind of financial maintenance is not only because of the previous savings, nor because the former Shenguo Gong Deng Zhen generously contributed his money.

More than 10 million taels, enough to raise soldiers for a year.

Then there's the overprinting of money and the small amount of government bonds that were previously available. financial support given.

Although the deficit is very large, it can also be seen that the family background of the imperial court is still very thick. Not to mention anything else, these state-owned enterprises, in addition to undertaking such a high task of the state, can also contribute 6 million taels of financial support.

Not to mention, there is still a considerable amount of money on the accounts of these businesses.

He Xi never thought of draining the money. After all, these state-owned enterprises are very important. He Xi is unwilling to lose more than he gains for a little money.

If the valuation, the bank plus the two major iron works, shipyards, railways, this set, not to mention 100 million yuan, even 300 million yuan will be asked for by someone. After all, half of Daming Industry is here, and these companies are just not very profitable. And not worthless.

Even if it is purely business, lending money to the imperial court is a business that does not lose money.

Not to mention, many of them are unspeakable, but very obscure political rights. This is perhaps even more important for these merchants.

Yang Shiqi's explanation was soon made public in the newspaper. For a time, there was a lot of discussion in Beijing. On the one hand, it is discussed why the imperial court made these things public. On the other hand, they were very worried about the huge deficit of the imperial court and the unsustainable situation.

It's been almost two years since the war began.

The two sides have already fought a feud, and many people in the city of Beijing have died on the battlefield. The positions of both sides are clear

Most people in Beijing did not want the fall of the imperial court in Beijing. They also understood that if the Beijing imperial court fell, the Nanjing side would definitely liquidate Beijing. As for the extent of the reckoning, I don't know.

Naturally, they are worried.